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RE: Guardian of the steem universe : A different perspective on the role of whales within steem ecosystem [ part 2]

in #steem9 years ago (edited)

We could get a rough idea of how it would work if whales stopped upvoting for say 24 hours. They would just moderate/downvote. It would essentially increase everyone's influence for 24/h. We wouldn't get the full picture but still a good overview. I don't think we would learn much from it though, maybe the fact that minnows aren't irresponsible voters or that downvote aren't that bad after all but in terms of the security of the model I think it would be best to test the code on a testnet or something. Removing curation rewards would remove a lot of complexity in the code so that's good for security i guess.And yes I think such change would require a hardfork.

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Well, it's your idea. So, I suppose it falls on you to try and talk the whales into witholding upvotes for a period of time as an experiment. I would advise that if you manage to pull this off, you make it between 36-48 hours. As with payout lasting longer than 24 hours most of the time, I feel to get some fruitful results we would need to extend the time to account for that.

I hope to see it happen.

There is some interest in the community for the idea, even some whales seem to be interested by it so we will see how it pans out. There are still a few issues that needs to be addressed in the proposal to make sure its not gameable. @timcliff also came up with some interesting ideas